I've always thought that the perfect meter would have 4 features that I don't have now:

1) a shunt button that does exactly what you suggest
2) a set of amp jaws that snaps off connected with wires that retract so I can hook the clamp on an awkward wire and still hold the display in my hand.
3) retracting leads so I don't have to wind them up and jam a wad of wire in my tool bag.
4) a small storage compartment to keep different lead tips, alligator clips, piercing probes, etc.